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According To Cso, Nigeria Lost $825 Billion To Fraud In 23 Years.

According to the Human Environmental Development Agenda (HEDA) Resource Centre, between 1999 and 2022, Nigeria lost N1,623,584,000,000 and $825,679,500,000 to dishonest officials.

 

It made the shocking disclosure during a news conference when a book titled “Impunity Galore: A Chronicle of Certain Unresolved High Profile Corruption Cases in Nigeria” was publicly presented.

 

The title was developed following extensive investigation on recent events, which revealed that impunity has persisted unabated, according to the organization’s chairman, who spoke to reporters.

 

“In many situations, either the inquiry was not finished, the committee report was not made public, the white paper was not disseminated, or there is obvious sabotage within or outside of government,” he stated.

 

It is also important to mention that the examples described in this chronicle are not all of them, and the selection process did not take any preferences into account. We have simply made an effort to report on such high-profile incidents as much as we are able to discover articles about. So, even if we missed any, we should be able to update them soon. We have tried our best to cover the most of the terrain, however.

 

The paper, according to Suraju, is a compilation of corruption cases under investigation by the National Assembly’s relevant committees, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and the Economic Financial Crime Commission (EFCC).

 

He said, “The collection is focused on instances between 1999 and 2022.

 

Sulaimon Arigbabu, the executive secretary, said that the organization’s petitions and legal actions were intended to help keep these enormous incidents of corruption fresh in Nigerians’ minds.

 

Hence, he said, “we strive to maintain public awareness of corruption concerns that had either suffered in the legal process or, with this most recent effort, we are doing those topics that didn’t make it through the court process and those that didn’t get there.”

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